Iceland names new PM amid Panama fallout

April 07, 2016 08:21

Iceland's ruling coalition has named Sigurdur Ingi Johannsson as the new PM, with early elections to be held in the autumn. Johannsson, 53, is agriculture and fisheries minister and deputy leader of the Progressive Party.

The move comes after PM and PP chairman Sigmundur Gunnlaugsson stepped down in the wake of the leaked Panama Papers. The leaks, from Panama law firm Mossack Fonseca, showed Gunnlaugsson owned an offshore firm with his wife.

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